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Charlton announce £13.5m loss

hawksmoor
hawksmoor Posts: 2,608
edited March 2017 in General Charlton
https://www.londonnewsonline.co.uk/21735/charlton-announce-13-5million-loss-2015-16-season/

Dunno if this has been discussed already. Mods, please sink if it has.
«134567

Comments

  • letthegoodtimesroll
    letthegoodtimesroll Posts: 10,622
    Ouch
  • soapy_jones
    soapy_jones Posts: 21,355
    Ha de fucking ha!
  • soapy_jones
    soapy_jones Posts: 21,355
    ...AND tough titties!
  • ross1
    ross1 Posts: 50,974
    How much was spent on players who were not good enough and either let go or sent out on loan?
  • SE10Addick
    SE10Addick Posts: 2,964
    Yeah, but come on we almost stayed up!
  • SouthWest_Addicks
    SouthWest_Addicks Posts: 6,307
    Thought it would be closer to £25m rather than £15m.
  • CafcWest
    CafcWest Posts: 6,170
    WSS said:

    "Increased football costs of nearly £4.0m spent primarily on player salaries and transfers as the club spent money in January to try and maintain Championship status"

    Lots of rumours about Texeira's big wages...but come on!
  • WSS
    WSS Posts: 25,070
    Henry Irving said:

    We lost £13.5m attempting to organise a night of alcoholic intoxication in a beer manufacturing establishment but without success.

    I'm sure there's a more pithy way of saying this but just can't work out how to phrase it.
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  • PassItToLeaburn
    PassItToLeaburn Posts: 1,457
    So the charge for break even is going about as well as the one for the Premier League. Failing on all fronts.
  • Macronate
    Macronate Posts: 12,892
    Hmm, these failures appear to be mounting up.
  • Henry Irving
    Henry Irving Posts: 85,227
    edited March 2017
    WSS said:

    Henry Irving said:

    We lost £13.5m attempting to organise a night of alcoholic intoxication in a beer manufacturing establishment but without success.

    I'm sure there's a more pithy way of saying this but just can't work out how to phrase it.
    We lost £13.5m unsuccessfully attempting to organise a night of alcoholic intoxication in a beer manufacturing establishment.

    Is that better?
  • Macronate
    Macronate Posts: 12,892
    And surely we're recouping most of those losses following the introduction of the ticket booking fee.
  • AFKABartram
    AFKABartram Posts: 57,825
    a fool and his money....
  • RedChaser
    RedChaser Posts: 19,885
    edited March 2017
    .
  • guinnessaddick
    guinnessaddick Posts: 28,638
    edited March 2017
    Didn't Sue say Roland was putting £1m a month into the club, how we laughed.
  • WSS
    WSS Posts: 25,070
    - Increased football costs of nearly £4.0m spent primarily on player salaries and transfers as the club spent money in January to try and maintain Championship status
    - A conscious decision not to sell players during the season to try and maintain Championship status.

    Let me get this right, the losses are because we tried to sign players who are better than the players who we tried not to sell. Couldn't make it up.
  • mogodon
    mogodon Posts: 3,406
    I can take the loss given all we have achieved on the field this season.

    Oh ...
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  • HarryLime
    HarryLime Posts: 1,295
    Thank Christ that sumptuous breakfast they laid on for the Northants travellers, will be on next years figures.
  • Greenie
    Greenie Posts: 9,172
    edited March 2017
    I never thought that the day would come that if my club lost £13.5M it would make me happy.

    Well that day has come, and that, Rat Man is failure. I hope it hurts!
  • Johnnysummers5
    Johnnysummers5 Posts: 8,469
    Go now
  • SuedeAdidas
    SuedeAdidas Posts: 7,741
    Does it include the payments to Avichi for his Crossbars sets?
  • Callumcafc
    Callumcafc Posts: 63,767
    Good luck getting your money back after two seasons in League One, Roland.

    Now cut your losses and sell the club before you lose any more money.
  • Lincsaddick
    Lincsaddick Posts: 32,355
    perhaps time to call for the seed of the seed of Jimmy Seed ... we need another rebirth from ragamuffin to premier status ..

    But seriously, over £250,000 a week is serious money .. let's hope that the Duchi is writing off the losses here against any profits from his other enterprises
  • stonemuse
    stonemuse Posts: 34,006
    Callumcafc said:

    Good luck getting your money back after two seasons in League One, Roland.

    Now cut your losses and sell the club before you lose any more money.

    Hasn't he got it back in player sales since end of last season?
  • RedChaser
    RedChaser Posts: 19,885
    edited March 2017
    According to note 21 it would appear that none of the Harriott, Pope, Cousins and Gudmundson transfer fees were included in these latest financials and of course the Lookman and Fox fees definitely won't be until the current years financials are prepared on 30/6/17.

    Whether these windfalls will have offset the ongoing monthly losses this season against the backdrop of lower gate receipts, TV money and sponsorship remains to be seen.
  • eaststandmike
    eaststandmike Posts: 14,956
    Greenie said:

    I never thought that the day would come that if my club lost £13.5M it would make me happy.

    Well that day has come, and that, Rat Man is failure. I hope it hurts!

    Sadly this sums me us as well, my first thought when I saw the figure was "I wish it was more", sad times indeed.
  • SE10Addick
    SE10Addick Posts: 2,964
    Turnover increased from £11.8m to £12.1m. So basically, that season we spent £25.6 million!

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